On Friday, Feb 24th, I bought 40 shares of Medical Properties Trust (MPW) at $10.75. This gave me 1195 shares in my non-margin account. I was a little busy so I didn’t get to report the purchase. Today with the stock down from last week I bought another 100 shares at $10.30. This gives me 1295 shares at an average price of $11.50. And my dividend is at 10%.<\/p>\n
With a stock that I want to accumulate I have mixed emotions on whether I want the stock to go up or down. You always want your stocks to go up, but I want to buy more MPW, so getting them at a lower price is nice. And your dividend will be at a higher percentage. Either way I’m in for the long term. If the stock goes up, great! If not, I’ll buy more. As long as they continue to pay their dividend I’ll buy. If they cut their dividend I’ll jump ship and get into another good dividend stock.<\/p>\n
I also have another 1000 shares of MPW in my margin account. The stock is down so I didn’t get a Call sold this week. But I’m still in line for the dividend payment. Since the stock is down I might go out a little with my Expiration Date to get a better premium. Remember, if I do get a Call sold I buy more shares with the premium.<\/p>\n
Any questions send me an email.<\/p>\n
<\/p>\n
Successful trading,<\/p>\n
Steve<\/p>\n
The Options Coach<\/em><\/p>\n","protected":false},"excerpt":{"rendered":" On Friday, Feb 24th, I bought 40 shares of Medical Properties Trust (MPW) at $10.75. This gave me 1195 shares in my non-margin account. I was a little busy so I didn’t get to report the purchase. Today with the stock down from last week I bought another 100 shares at $10.30. This gives me […]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"class_list":["post-13592","page","type-page","status-publish","hentry"],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/P75MP0-3xe","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/pages\/13592","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=13592"}],"version-history":[{"count":2,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/pages\/13592\/revisions"}],"predecessor-version":[{"id":13594,"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=\/wp\/v2\/pages\/13592\/revisions\/13594"}],"wp:attachment":[{"href":"https:\/\/www.mainstbeatswallst.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=13592"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}